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Showing 181 - 190 of 1462 results for "Australian Dollar"

Chief economist update: The AUD's resilience

BENJAMIN ONG  |  TUESDAY, 19 MAR 2019
The Reserve Bank of Australia (RBA) will release the minutes of its March 5 board meeting - when it decided to keep interest rates unchanged at a record low 1.5% - today. I imagine that the men and women of the RBA board would have discussed the slowing ...

Jamieson Coote Bonds introduces global fund

DARREN SNYDER  |  WEDNESDAY, 13 MAR 2019
... on an unhedged basis, in a year of low to negative returns for most asset classes," he said. "Recently, the Australian dollar has been performing as a risk proxy against roughly 70% of emerging markets currencies and seems deeply intertwined with the ...

Chief economist update: Wrong way, go down

BENJAMIN ONG  |  THURSDAY, 28 FEB 2019
... Fed's on hold this year and the RBA will cut interest rates (maybe two according to Westpac) this year. Yet the Australian dollar refuses to go down. This is despite consensus expectations willing it to go down. On its website, the Economy Forecast ...

Chief economist update: Cut it, cut it now

BENJAMIN ONG  |  THURSDAY, 21 FEB 2019
... change sentiment and the outlook for Australia - particularly through the good fortune the depreciation of the Australian dollar brings. But so far, not so good. After dropping from a high of US$0.7273 (31 January 2019) to US$0.7101 on the "neutral" ...

Future Fund delivers 5.8%

KANIKA SOOD  |  MONDAY, 11 FEB 2019
... previously) and 7.2% in property (6.4%). The fund sold down some private equity assets but the returns and weaker Australian dollar buoyed their share in the 12-month period. Other funds' performance In addition to the flagship fund, Future Fund ...

Chief economist update: The RBA capitulates

BENJAMIN ONG  |  THURSDAY, 7 FEB 2019
N-E-U-T-R-A-L! It was a hard slog swimming against the tide, but this space has finally been vindicated by RBA Governor Philip Lowe's change of heart with regards to guidance on Australian monetary policy. The next move in "interest rates is likely ...

Labour and housing drive rate sentiment

KANIKA SOOD  |  TUESDAY, 29 JAN 2019
... positive, the latter resulting in a fiscal push," Taylor says. He says there is no longer a strong case for the Australian dollar to weaken against the US dollar and it would break 70 cents in the near term, ending 2019 at 65 cents. Meanwhile, disappointing ...

Industry Super Australia forecasts a rate cut

KANIKA SOOD  |  THURSDAY, 24 JAN 2019
... sector; and the wave of strong infrastructure investment of two years ago is past, Anthony noted. He sees the Australian dollar weakening to 0.65 against the US dollar over one to two years, making an Aussie dollar short a good hedge. Anthony is quick ...

Chief economist update: Bring on Aussie dollar depreciation

BENJAMIN ONG  |  THURSDAY, 24 JAN 2019
"Capital Economics sees the local currency falling to US60c this year and hovering there through 2020; it previously forecast it at US65c for 2019 and US70c for 2020." (Australian Financial Review) That's a whopping 15%-16% drop from A$/US$ exchange ...

UniSuper awards fixed income mandate

KANIKA SOOD  |  FRIDAY, 18 JAN 2019
A Melbourne bond manager won a $180 million mandate from UniSuper as the super fund increased its allocation to fixed income. UniSuper appointed Jamieson Coote Bonds to manage about $180 million in Australian government bonds in November. The mandate ...